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Goldi Solar to expand module capacity to 14 GW by FY26 – EQ

Goldi Solar to expand module capacity to 14 GW by FY26 – EQ

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In Short : Goldi Solar plans to expand its solar module capacity to 14 GW by FY26. This initiative aims to meet the growing demand for renewable energy and strengthen the company’s position in the solar market. The expansion aligns with India’s goals for clean energy and sustainability, enhancing Goldi Solar’s contribution to the country’s energy transition.

In Detail : Indian solar manufacturer Goldi Solar has unveiled its plans to expand its solar cell and module capacity in the coming years.

By the middle of the 2026 fiscal year, the company aims to increase its annual nameplate capacity from 3GW to 14GW for solar modules, while it will build a 4GW solar cell plant by the 2027 fiscal year.

The module plant will be located in the state of Gujarat, where Goldi Solar currently has two other module assembly plants—one in Pipodara and one in Navsari—with a combined nameplate capacity of 3GW.

The construction of solar cell capacity is aimed to reduce Goldi Solar’s reliance on imported cells, while strengthening the country’s solar industry, according to the company.

In order to support its manufacturing expansion, the company aims to increase its current workforce with the addition of 4,000 employees.

Ishver Dholakiya, founder and managing director at Goldi Solar, said: “This capacity expansion marks a defining moment for Goldi Solar. We’re not just expanding our production capacity; we’re building a foundation for innovation and leadership in the renewable energy space.”

Anand Gupta Editor - EQ Int'l Media Network